About Straptex (India) Private Limited
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Straptex (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 04 January 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1989PTC050250. Its GSTIN is 27AAACS5743H1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹35 Lakh. It is led by directors including Munjal Rasiklal Shah and Nikhil Rasiklal Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 104 Shivam Apartments J.P.Road 7 Bunglows Versoa Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.38 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹50,977 (net margin 0.1%) and EBITDA of ₹54.39 Lakh (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website straptex.in.
Company details
Contact details
Straptex (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is straptex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address104 Shivam Apartments J.P.Road 7 Bunglows Versoa Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Straptex (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Straptex (India) is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Straptex (India) Private Limited, buy the company report.
Financials of Straptex (India) Private Limited
FY 2025 filings availableStraptex (India) Private Limited reported revenue of ₹6.38 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹54.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50,977 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Straptex (India) Private Limited, buy the company report.
Board of directors of Straptex (India) Private Limited
Straptex (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munjal Rasiklal Shah Also directs: Strapband Elastics LLP, Powerlift Engineers Private Limited | Director | 01 Jul 2003 | 23 Years 4 Months | Current |
| Nikhil Rasiklal Shah | Director | 04 Jan 1989 | 37 Years 9 Months | Current |
| Devarsh Shah Munjal | Director | 10 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Straptex (India) Private Limited is audited by JMT&ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMT&ASSOCIATES | FY 2022 | 104167W |
Shareholding
The shareholding of Straptex (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Straptex (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2025 | 101200888 | Others | ₹44.36 Lakh | Open | |
| 14 Feb 2022 | 100546136 | Others | ₹24 Lakh | Open | |
| 28 Jul 2020 | 100384497 | Others | ₹48 Lakh | Open | |
| 07 Jan 1998 | 90166558 | Others | ₹1.1 Cr | Open | |
| 29 Aug 1990 | 90166088 | Bank of Baroda | ₹59 Lakh | Open |
To see the full charge records of Straptex (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Straptex (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax Central II, Mumbai | Disposed |
To see the full case history of Straptex (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Straptex (India) Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Filatex Vechukunnel Private Limited | |||
| Powerlift Engineers Private Limited | |||
| an individual supplier | |||
| Hebbar Chemicals Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Straptex (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Straptex (India) Private Limited has a workforce of 9 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Straptex (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5743H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Straptex (India) Private Limited, buy the company report.
Recent activity
Straptex (India) Private Limited has 6 board changes on record since 1989: 3 appointments and 3 cessations. The latest: Devarsh Shah Munjal ceased to be Additional Director on 12 Jul 2021.
6 earlier events are in the company report.
Frequently asked questions
Straptex (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 04 January 1989 (37+ years old) and is registered under CIN U51900MH1989PTC050250.
Straptex (India) has 3 current directors:
- Munjal Rasiklal Shah - Director
- Nikhil Rasiklal Shah - Director
- Devarsh Shah Munjal - Director
The latest financial statements of Straptex (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Straptex (India) is 27AAACS5743H1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Straptex (India) is U51900MH1989PTC050250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Straptex (India) has 1 court case on record: 1 filed against it.
Straptex (India) was incorporated on 04 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Devarsh Shah Munjal ceased to be Additional Director on 12 Jul 2021. Devarsh Shah Munjal was appointed as Director on 10 Jul 2021. Manjunath Venkatesh Saraf ceased to be Director on 31 Jan 2015. Straptex (India) has 6 board changes on record in total.
Straptex (India) has 3 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Straptex (India) can be reached through the website straptex.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Straptex (India) is at 104 Shivam Apartments J.P.Road 7 Bunglows Versoa Andheri West, Mumbai, Maharashtra, India – 400053.
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